Mt. Gox has discovered 200,000 missing bitcoins in a wallet no longer in use, the troubled Bitcoin exchange announced Thursday, reducing the number of missing bitcoins from 850,000 to 650,000. "We believed there were no bitcoins left in old wallets, but found 199,999.99 bitcoins on Ma...

Bitcoin's value was hammered following a pause in withdrawals by one major exchange. After trading at around $850 this past week, the virtual currency fell both Thursday night and Friday morning and is now hovering at around $732, according to the CoinDesk Bitcoin Price Index . So wha...

This dress costs 0.0450 BTC, at the moment. (Credit: Samuel Cox) You walk into a store, your virtual wallet full of bitcoins. You see a nice shirt and check the digital price tag dangling from the collar. You know exactly what fraction of a bitcoin it will cost you to buy it. That's t...

It appears not only people in the tech world believe Bitcoin is the currency of the future -- one of the US' biggest banks also sees legitimacy in the virtual currency. Bank of America published its first research report (PDF ) on Bitcoin on Thursday saying that the digital currency c...

A screenshot of the data purportedly taken by hackers from Mt. Gox servers. Apparently frustrated by a lack of information about how Mt. Gox lost hundreds of millions of dollars in a security lapse, hackers hit the personal blog of Bitcoin exchange's chief executive to level charges o...

A sea plow towed behind a ship is used to lay undersea fiber-optic cables. (Credit: Alcatel-Lucent) The Sea-Me-We 5 consortium, a group of 15 telecommunications companies, has awarded Alcatel-Lucent and NEC a contract worth hundreds of millions of dollars to lay an undersea cable that...

It would use an existing currency. As the total number of Bitcoins issued reaches its alleged limit, the Bitcoin miners will depend on transaction fees that are expected to be small. The ease of entry and exit into mining will push the level of transaction fees to a competitive level,...